North America PVC Films Market Size, Share & Trends Analysis Report By Technology (Calendering, Extrusion), By Product (Rigid PVC Films, Monomeric Flexible PVC Films), By End-use, By Region, And Segment Forecasts, 2023 - 2030

Research Methodology

A three-pronged approach was followed for deducing the North America PVC films market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for North America PVC films market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of North America PVC films market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

North America PVC Films Market Categorization:

The North America PVC films market was categorized into four segments, namely technology (Calendering, Extrusion), product (Rigid PVC Films, Monomeric Flexible PVC Films, Polymeric Flexible PVC Films), end-use (Packaging, Medical, Printing, Building Materials), and country (U.S.; Canada; Mexico).

Segment Market Methodology:

The North America PVC films market was segmented into technology, product, end-use, and country, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The North America PVC films market was analyzed at a regional level. The region was divided into North America keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into three countries, namely, the U.S.; Canada; Mexico.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

North America PVC films market companies & financials:

The North America PVC films market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Plastic Film Corporation of America - Plastic Film Corporation of America is a plastic film manufacturer and distributor that was founded in 1977 and is headquartered in Illinois, U.S. The company deals with plastic films, polypropylene, PLA films, polyethylene, and other specialty plastics. It has warehouses and strong distribution channels in Minneapolis, Chicago, Dallas, St. Louis, Los Angeles, Baltimore, Seattle, and Ontario. The company offers clear PVC films and opaque PVC films. Clear PVC films are used for various industrial applications such as binding, storm windows, doors, covers & slipcovers, wind and vapor barriers, and sheeting. Opaque PVC films are used for various industrial applications such as bookbinding, stationery, pop, and packaging. Plastic Film Corporation of America offers a variety of finishes and color options for opaque colored PVC film for the bookbinding, stationery, POP, and packaging industry. The company’s PVC films are available in various forms, including rigid and flexible films, with clear, colored, translucent, opaque, matte, or glossy finishes.

• Bonset America Corporation - Bonset America Corporation, a subsidiary of C.I. Takiron Corporation headquartered in North Carolina, U.S., was founded in 1989. It offers PVC heat shrink films, PETG white heat shrink films, PETG heat shrink films, and styrene-butadiene-styrene (SBS/OPS) heat shrink films. These films are used for printed full-body sleeves for bundling, labeling, and proofing of various consumer products.

• Walton Plastics - Walton Plastics, established in 1992 and headquartered in Ohio, U.S., provides flexible and rigid PVC (vinyl) and polyurethane sheets for various end-use applications such as thermoforming, vinyl wall panels, electrical & enclosures, printing & graphics, building products, engineered materials, and industrial purposes. Its PVC sheets are commonly used for bathrooms, sunrooms, kitchens, showers, and utility rooms in commercial, residential, and industrial buildings. Flexible PVC extruded rolls and sheets are used in gaskets/die-cut parts, printing mediums, liners for potable water containment, floor liners/matting, and sporting goods.

• Pactiv LLC - Pactiv LLC is a food packaging and food service product producer and supplier that was founded in 1965 and is headquartered in Illinois, U.S. The company provides its products to restaurants, packers, supermarkets, and foodservice outlets across North America. Its product offerings incorporate agriculture packaging, containers, catering, cups & straws, tabletops, wraps, trays & pads, and Reynolon films. Reynolon films are PVC films, which are used for contract packaging, textile packaging, print & publishing packaging, aseptic packaging, food & beverage packaging, and meat & produce packaging. Pactiv LLC was acquired by Rank Group Ltd in 2010 and became part of Reynolds Group Holdings Limited (RGHL), a global manufacturer and supplier of consumer food and beverage packaging and storage products. 

• Tekra, LLC - Tekra, LLC, formed in 1938 and headquartered in Wisconsin, U.S., was acquired by SWM in February 2020. It is a distributor and manufacturer of plastic films and adhesives including polyester, polycarbonate, functional hard coated films, rigid vinyl, digital print receptive films, polystyrene, transfer tapes, inks, medical films, single and double coated tapes, spacers, fasteners, and labels. The company through its plastic films caters to different applications such as durable goods manufacturing, laminating, medical diagnostics, coating, screen and digital printing, metalizing, and coating. It provides rigid vinyl films (PVC) in different gauge, finishes, and color.

• Presco - Presco, established in 1979 and headquartered in Texas, U.S., is a company with three major business segments: marking products, engineered films, and tracer wire. The engineered films business segment provides PVC and Ethylene Vinyl Acetate (EVA) films, which are used in various applications such as acoustical, architecture, cinema screens, agriculture, consumer products, convention & decorating, industrial, flooring, medical, military, slit hose, and mining. Presco has a strong presence in the Nigerian market, where it operates as Presco PLC, a leading producer of specialty fats and oils. 

• ACG - ACG, founded in 1964 and headquartered in Mumbai, India, is a multinational pharmaceutical company that serves pharmaceutical and nutraceutical companies worldwide. ACG North America LLC, its subsidiary located in New Jersey, U.S., supplies and distributes PVC films in North America. The company’s main business segments are capsules, films & foils, engineering, and inspection for healthcare equipment. The films & foils segment provides high barrier films, specialty films, anti-counterfeit packaging solutions, PVC films, and aluminum foils. Its PVC films are used for capsules, tablets, syringes, ampoules, medical devices, and veterinary medicines. ACG is the world’s largest integrated supplier of solid dosage products and services, providing empty hard pharmaceutical capsules, encapsulation machinery, and a wide range of packaging solutions.

• Ronald Mark Associates, Inc. - Ronald Mark Associates, Inc. is a company that has been manufacturing vinyl films since 1979 and is headquartered in New Jersey, U.S. The company offers coated fabrics, PVC resins, roofing, compounding, and process technology services. It has three manufacturing units, two of which are located in New Jersey and one in Florida. The company specializes in providing polymers such as PVC, Ethylene Interpolymer Alloy, Polypropylene, Thermoplastic Urethane, Specialty Polymers, XtrmPly NSF, and Linear Low Density Polyethylene.

• Teknor Apex - Teknor Apex, established in 1924 and headquartered in Rhode Island, U.S., is a leading manufacturer of high-performance engineering plastics. The company serves various industries, including building & construction, consumer goods, electrical & electronics, medical, packaging, and automotive & transportation. Teknor Apex’s product portfolio includes flexible & rigid PVC compounds, polyamides, polyolefins, esters, and various other high-performance engineering plastics. 

• Plastatech Engineering, Ltd.  - Plastatech Engineering, Ltd. is a family-owned and operated company that was founded in 1990 and is headquartered in Michigan, U.S. The company specializes in the manufacturing of calendered and extruded PVC-based films, knitted fabrics, and laminates. Its products are used in various applications, including ponds, canals & cisterns, secondary containment, landfill, wastewater containment, aquaculture, waterproofing, chemical holding basins, storage, and others. Plastatech Engineering has manufacturing facilities located in Saginaw, Michigan, U.S. The company has a significant market share in the U.S. PVC films market due to its strong sales and distribution network. 

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

North America PVC Films Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

North America PVC Films Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.